Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Capital One Financial Corp.    COF

Delayed Quote. Delayed  - 06/29 10:00:40 pm
61.92 USD   +3.79%
06/29 CAPITAL ONE FIN : CCAR Capital Plan Receives No Objection from the F..
06/23 CAPITAL ONE FIN : Large Inflow of Money Witnessed in Capital One Fin..
06/17 CAPITAL ONE FIN : Investing Advisor Connect Offers Unbiased Investme..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Capital One Financial Corp. : Capital One's U.S. Delinquencies, Charge-Offs Rise in October

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/15/2012 | 01:07pm CEST
   By Saabira Chaudhuri 
 

Capital One Financial Corp. (COF) said delinquencies and charge-offs at its U.S. credit-card business rose in October from the month before.

Capital One's 30-day delinquency rate for U.S. credit cards rose to 3.66% last month from 3.52% in September, according to a filing with the Securities and Exchange Commission.

At its international credit-card business, the rate edged down to 4.83% from 4.92% a month earlier.

Auto-loan delinquencies rose to 6.47% from 6.12%.

Charge-offs at the U.S. card business rose to 4.25% in October from 3.93% a month earlier. Internationally, the rate rose to 4.55% from 4.45% a month earlier. Auto financing charge-offs were up at 2.14% from 1.97%.

Capital One, which transformed from a credit-card lender to a bank just before the financial crisis hit, has lately benefited from improving credit quality and has been working to expand through acquisitions.

Last month, Capital One said its third-quarter earnings jumped 44% as revenue strengthened, thanks in part to two large acquisitions completed this year and lower expenses related to the deals.

Shares closed Wednesday at $56.14 and were inactive premarket. The stock has climbed 29% in the past year.

Write to Saabira Chaudhuri at saabira.chaudhuri@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on CAPITAL ONE FINANCIAL CORP
06/29 CAPITAL ONE FINANCIAL CORP : Other Events (form 8-K)
06/29 CAPITAL ONE FINANCIAL : CCAR Capital Plan Receives No Objection from the Federal..
06/23 CAPITAL ONE FINANCIAL CORP : Regulation FD Disclosure (form 8-K)
06/23 CAPITAL ONE FINANCIAL : Large Inflow of Money Witnessed in Capital One Financial..
06/17 CAPITAL ONE FINANCIAL : Investing Advisor Connect Offers Unbiased Investment Adv..
06/15 CAPITAL ONE FINANCIAL CORP : Regulation FD Disclosure, Financial Statements and ..
06/15 CAPITAL ONE FINANCIAL CORP : Regulation FD Disclosure (form 8-K)
06/15DJCracks Show in Consumer Credit -- WSJ
06/14 S&P 500 MOVERS : Syf, endp
06/02 CAPITAL ONE FINANCIAL CORP : Regulation FD Disclosure (form 8-K)
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials